Dynamic Card Solutions Provides Pay Linx with Instant Issue Pre-Paid Cards for Government Institutions Throughout Canada.ENGLEWOOD, Colo. -- Dynamic Card Solutions (DCS (1) See also DSC. (2) Digital Cross-connect System) A network switching and grooming device used by telecom carriers. See digital cross-connect. ), developer of CardWizard[R], the leading instant issue and PIN selection software application for financial institutions, today announced that Pay Linx, a financial solutions corporation offering contemporary payment processing products, is using DCS' CardWizard technology to provide government institutions with the ability to instantly issue pre-paid debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. . Replacing the timely process of issuing checks for social assistance, many Canadian governments, including the Government of Alberta, are working with Pay Linx to instantly issue pre-paid cards. In turn, government institutions are reporting higher cardholder card·hold·er n. One who holds a card, especially a credit card. card  hold satisfaction, a decrease in labor hours (a result of eliminating the need for multiple sessions with the customer) and improved process times. DCS' CardWizard instant issue software, used by all Pay Linx customers, provides an easy and secure method to instantly issue cards, along with a user-friendly administration component that allows for full reporting, card inventory management and robust security required for instant issue. Additionally, DCS enables card owners to select their own PIN, eliminating delays and allowing for immediate use. "We needed a solution that could comply with the Canadian regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. surrounding financial transactions, which are much stricter than in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ," said Ian McNeill Ian McNeill (born 24 February 1932 in Glasgow) is a former footballer who later became a coach and a scout. Playing at inside forward, McNeill's career included stints at Aberdeen, Leicester City, Brighton & Hove Albion and Southend United. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Pay Linx Corporation. "Not only does DCS easily meet the Canadian regulations, but they provide our customers with efficient, secure technology that in turn increases the satisfaction levels of the card recipient. With CardWizard, everyone wins." Additionally, DCS is developing new software to meet the demands of Pay Linx costumers for a user-selected paper-based pinning solution. The new product should be available in December. About Pay Linx Corporation Pay Linx is a private corporation and a reporting issuer soon to be listed on the Toronto Stock Venture Exchange (TSVX). The corporation was formed in 2005, with the goal of streamlining payment processing for employing a new banking platform employing eFunding and debit cards for serving government, the rapidly growing mobile and temporary workforce and large corporations. For additional information, call Ian McNeill, 877-423-3196, or visit the Pay Linx Web site at www.paylinx.ca. About Dynamic Card Solutions Founded in 1996 and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Dynamic Solutions International, Dynamic Card Solutions is an innovative developer of instant issuance and PIN selection solutions for banks, credit unions and retailers. Dynamic Card Solutions is the leading instant issuance provider for Visa[R] and MasterCard[R] debit cards in the United States. The company offers fully integrated solutions that allow financial institutions and retailers to quickly and securely issue ATM, debit A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit. and credit cards instantly at branch or store locations. Issuing cards instantly increases customer service, card sales and revenue, and eliminates current card issuance costs. Dynamic Card Solutions' system includes a user-friendly administration component that does full reporting, card inventory and more. All solutions utilize DES encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. and are compliant with recommended security procedures for instant issuance. For additional information, call 800-641-5215, or visit the Dynamic Card Solutions Web site at www.cardwizard-dsi.com. |
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